COLA 2025
Inadequacy of COLA in the News Again
January Social Security benefits are underway at this point and, once again, observations of the COLA calculation process and its inadequacy to preserve purchasing power for seniors are surfacing. For example, a post this weekend by The Motley Fool’s Keith…
COLA Watch – How the 2025 Adjustment is Shaping Up
We’re in the closing stages of the calculation window to determine next year’s Social Security cost-of-living adjustment (COLA), and many seniors are looking forward to the final announcement in October. In the run-up to that point, there has been steady…
COLA Watch 2025…But It’s Still Almost Six Months Away
Projections on what the January 2025 cost-of-living benefit adjustment will look like are beginning to hit the media airwaves. Here’s one preliminary assessment from The Senior Citizens League (TSCL), courtesy of CPA Practice Advisor, forecasting the possibility of a 2.6%…